A generational freestanding Woolworths Supermarket, located in the heart of one of Melbourne's most affluent metropolitan suburbs
New 25 Year Net Lease expiring 2040 with options
Highly exposed dual frontage land holding of 4,700sqm* on Church St, with the supermarket occupying just 3,307sqm* of the site
Convenient at grade parking on title, adjoining a massive council car park for over 200 vehicles*
Recently undergone a major extension and refurbishment providing a significant depreciation benefits
Endless future development potential to suit mixed use projects**
Risk free trophy asset secured by a long term net lease to Woolworths with strong potential for future growth
Net Annual Income of $1,210,000
FOR SALE VIA INTERNATIONAL EXPRESSIONS OF INTEREST CLOSING THURSDAY 16 JUNE 2016 AT 5.00PM
Mark Wizel
+ 61 409 809 868
Justin Dowers
+ 61 438 098 805
Joseph Du Rieu
+61 408 892 976
Kevin Tong
+61 422 848 818
*approx
**stca